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1 a . Ceding Insurer has Quota Share Reinsurance Treaty with Reinsurer. It is a 2 0 % / 8 0 % ceded Quota Share

1a. Ceding Insurer has Quota Share Reinsurance Treaty with Reinsurer. It is a 20%/80% ceded Quota Share reinsurance contract. Calculate the retention and reinsurance recovery for each Loss Bordereaux Quarter: (4 points)
\table[[Losses $ Per Bordereaux,Retained $,Reinsurance Recovery $],[Q1: 100,000,,],[Q2: 400,000,,],[Q3: 1,050,000,,],[Q4: 2,550,000,,]]
1b. What is the premium allocation for the following Quota Share Reinsurance Treaty if the: (2 points)
\table[[Gross Earned Premium,Quota Share Split %,Ceding Co $,Reinsurer $],[1,000,000,2080,,],[2,000,000,3070,,],[3,000,000,5050,,]]
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